Target Corporation (NYSE: TGT) announced today that Peter Glusker will join Target as senior vice president, new business integration and operations, effective May 19. In this role, Mr. Glusker will lead the integration of new acquisitions into Target and develop strategies that ensure a consistent and great guest experience.
"Over the past year, Target has acquired companies including CHEF'S Catalog, Cooking.com and DermStore, which complement and extend our assortment and content for guests," said Casey Carl, president of Multichannel, Target. "We're excited to welcome Peter to Target, where he will focus on unlocking the full value of these and future strategic acquisitions."
Mr. Glusker joins Target from Gilt Groupe, where he served as vice chairman and CEO of Gilt Groupe Japan. Previous roles at Gilt Groupe included head of business development and international operations. Prior to that, Mr. Glusker held digital media leadership roles with CBS Corporation and Viacom Inc.
"I was drawn to this opportunity because I see a new level of energy coming from Target – from a renewed commitment to speed and innovation to the desire to try things that have never been done before," said Mr. Glusker. "I'm looking forward to joining this incredible company at such an exciting time in retail."
Minneapolis-based Target Corporation (NYSE: TGT) serves guests at 1,916 stores – 1,789 in the United States and 127 in Canada – and at Target.com. Since 1946, Target has given 5 percent of its profit through community grants and programs; today, that giving equals more than $4 million a week. For more information about Target's commitment to corporate responsibility, visit target.com/corporateresponsibility.